Question
Fair price shop control prices. Give reason.

Answer

  • The government has set up many fair price shops across the country.
  • These shops sell goods of basic necessities like sugar, food-grains, kerosene, etc. to the poor.
  • These goods are sold at prices lower than the market prices.
  • Government distributes goods to these shops on a regular basis and also at the time of heavy price rise in the market.
  • Through these shops, poor people can get benefit of buying goods at reasonable rates.
  • Thus, the demands of such goods decreases in the open market and hence the prices decrease.

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